Kuwait-Mubasher: Contracting and Marine Services reported earnings worth about KWD 765,250 ($2.52 million) in the first nine months of 2015, compared to KWD 1.27 million ($4.17 million) in the same period of 2014; a decrease of 39.7%.

The Kuwaiti company noted that the decline in profits resulted from losses of available-for-sale investments, increase in financing expenses, and growing revenues.